China sets 2030 target for initial solid-state battery production
China has outlined a goal of achieving initial volume production of solid-state batteries by 2030, as it seeks to extend its position in electric-vehicle batteries beyond conventional lithium-ion technology. Other developments include CATL’s Hungary factory, expanded European investment and Chinese carmakers’ gains in Europe.
China has set a goal of reaching initial volume production of solid-state batteries by 2030, according to a South China Morning Post roundup of developments in electric vehicles and new-energy technology. Solid-state batteries remain in the early stages of commercialisation. China’s target reflects an effort to carry its existing strength in conventional lithium-ion batteries into a newer technology that could influence the next phase of electric-vehicle development.
The country’s battery sector is also expanding internationally. Contemporary Amperex Technology Ltd, commonly known as CATL, has cleared regulatory hurdles for a major factory in Hungary. Analysts cited in the source material expect the plant to help CATL supply international vehicle manufacturers, including BMW and Volkswagen.
Volkswagen and its Chinese partner Gotion High-tech have announced plans to invest a combined €3.22 billion in three battery production lines in Europe and North Africa. The investment is aimed at serving global demand for electric-vehicle batteries. Chinese carmakers have gained ground in Europe as high petrol prices support sales of electric vehicles.
They have reportedly been particularly successful in plug-in hybrids, despite European Union measures intended to limit their expansion. The battery industry is also facing pressure at home. Chinese electric-vehicle manufacturers and battery producers are negotiating over responsibility for a resumed consumption tax, while weak domestic demand has added to the difficulties facing carmakers.
Separately, a Chinese industry-ministry publication rejected market speculation about a broad move away from CATL among its automotive customers. The company’s shares have recently fallen as some partners diversify their suppliers. The roundup also reported that Tesla officials and engineers have begun auditing parts of the company’s Chinese supply chain as it prepares to increase production of its Optimus humanoid robot.
The source material attributes that information to people familiar with the matter.
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